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Global Shrink Packaging Material Industry Growth and Trends Forecast to 2031

Publisher APO Research, Inc.
Published Jul 02, 2025
Length 109 Pages
SKU # APRC20102769

Description

Summary

According to APO Research, The global Shrink Packaging Material market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Shrink Packaging Material is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Shrink Packaging Material is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Shrink Packaging Material is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Shrink Packaging Material include MINGCA, Cosmo Packaging Material, Jiuteng Packaging, Vijay Packaging System, Tavishi Enterprises, Packman Packaging, Luban Pack, Jas Systems & Control and ISell Packaging, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Shrink Packaging Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shrink Packaging Material.

The Shrink Packaging Material market size, estimations, and forecasts are provided in terms of sales volume (Sqm) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Shrink Packaging Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Shrink Packaging Material Segment by Company

MINGCA
Cosmo Packaging Material
Jiuteng Packaging
Vijay Packaging System
Tavishi Enterprises
Packman Packaging
Luban Pack
Jas Systems & Control
ISell Packaging
Impackt
HYF PACKAGING
Flexipack
BENISON
Allen Pack

Shrink Packaging Material Segment by Type

Polyolefin (POF) Shrink Film
Polyvinyl Chloride (PVC) Shrink Film
Others

Shrink Packaging Material Segment by Application

Food Packaging
Pharmaceutical Packaging
Others

Shrink Packaging Material Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Shrink Packaging Material market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Shrink Packaging Material and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Shrink Packaging Material.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Shrink Packaging Material manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Shrink Packaging Material in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.

Table of Contents

109 Pages
1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Shrink Packaging Material Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Shrink Packaging Material Sales Estimates and Forecasts (2020-2031)
1.3 Shrink Packaging Material Market by Type
1.3.1 Polyolefin (POF) Shrink Film
1.3.2 Polyvinyl Chloride (PVC) Shrink Film
1.3.3 Others
1.4 Global Shrink Packaging Material Market Size by Type
1.4.1 Global Shrink Packaging Material Market Size Overview by Type (2020-2031)
1.4.2 Global Shrink Packaging Material Historic Market Size Review by Type (2020-2025)
1.4.3 Global Shrink Packaging Material Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Shrink Packaging Material Sales Breakdown by Type (2020-2025)
1.5.2 Europe Shrink Packaging Material Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Shrink Packaging Material Sales Breakdown by Type (2020-2025)
1.5.4 South America Shrink Packaging Material Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Shrink Packaging Material Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics
2.1 Shrink Packaging Material Industry Trends
2.2 Shrink Packaging Material Industry Drivers
2.3 Shrink Packaging Material Industry Opportunities and Challenges
2.4 Shrink Packaging Material Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Shrink Packaging Material Revenue (2020-2025)
3.2 Global Top Players by Shrink Packaging Material Sales (2020-2025)
3.3 Global Top Players by Shrink Packaging Material Price (2020-2025)
3.4 Global Shrink Packaging Material Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Shrink Packaging Material Major Company Production Sites & Headquarters
3.6 Global Shrink Packaging Material Company, Product Type & Application
3.7 Global Shrink Packaging Material Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Shrink Packaging Material Market CR5 and HHI
3.8.2 Global Top 5 and 10 Shrink Packaging Material Players Market Share by Revenue in 2024
3.8.3 2023 Shrink Packaging Material Tier 1, Tier 2, and Tier 3
4 Shrink Packaging Material Regional Status and Outlook
4.1 Global Shrink Packaging Material Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Shrink Packaging Material Historic Market Size by Region
4.2.1 Global Shrink Packaging Material Sales in Volume by Region (2020-2025)
4.2.2 Global Shrink Packaging Material Sales in Value by Region (2020-2025)
4.2.3 Global Shrink Packaging Material Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Shrink Packaging Material Forecasted Market Size by Region
4.3.1 Global Shrink Packaging Material Sales in Volume by Region (2026-2031)
4.3.2 Global Shrink Packaging Material Sales in Value by Region (2026-2031)
4.3.3 Global Shrink Packaging Material Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Shrink Packaging Material by Application
5.1 Shrink Packaging Material Market by Application
5.1.1 Food Packaging
5.1.2 Pharmaceutical Packaging
5.1.3 Others
5.2 Global Shrink Packaging Material Market Size by Application
5.2.1 Global Shrink Packaging Material Market Size Overview by Application (2020-2031)
5.2.2 Global Shrink Packaging Material Historic Market Size Review by Application (2020-2025)
5.2.3 Global Shrink Packaging Material Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Shrink Packaging Material Sales Breakdown by Application (2020-2025)
5.3.2 Europe Shrink Packaging Material Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Shrink Packaging Material Sales Breakdown by Application (2020-2025)
5.3.4 South America Shrink Packaging Material Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Shrink Packaging Material Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 MINGCA
6.1.1 MINGCA Comapny Information
6.1.2 MINGCA Business Overview
6.1.3 MINGCA Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.1.4 MINGCA Shrink Packaging Material Product Portfolio
6.1.5 MINGCA Recent Developments
6.2 Cosmo Packaging Material
6.2.1 Cosmo Packaging Material Comapny Information
6.2.2 Cosmo Packaging Material Business Overview
6.2.3 Cosmo Packaging Material Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Cosmo Packaging Material Shrink Packaging Material Product Portfolio
6.2.5 Cosmo Packaging Material Recent Developments
6.3 Jiuteng Packaging
6.3.1 Jiuteng Packaging Comapny Information
6.3.2 Jiuteng Packaging Business Overview
6.3.3 Jiuteng Packaging Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Jiuteng Packaging Shrink Packaging Material Product Portfolio
6.3.5 Jiuteng Packaging Recent Developments
6.4 Vijay Packaging System
6.4.1 Vijay Packaging System Comapny Information
6.4.2 Vijay Packaging System Business Overview
6.4.3 Vijay Packaging System Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Vijay Packaging System Shrink Packaging Material Product Portfolio
6.4.5 Vijay Packaging System Recent Developments
6.5 Tavishi Enterprises
6.5.1 Tavishi Enterprises Comapny Information
6.5.2 Tavishi Enterprises Business Overview
6.5.3 Tavishi Enterprises Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Tavishi Enterprises Shrink Packaging Material Product Portfolio
6.5.5 Tavishi Enterprises Recent Developments
6.6 Packman Packaging
6.6.1 Packman Packaging Comapny Information
6.6.2 Packman Packaging Business Overview
6.6.3 Packman Packaging Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Packman Packaging Shrink Packaging Material Product Portfolio
6.6.5 Packman Packaging Recent Developments
6.7 Luban Pack
6.7.1 Luban Pack Comapny Information
6.7.2 Luban Pack Business Overview
6.7.3 Luban Pack Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Luban Pack Shrink Packaging Material Product Portfolio
6.7.5 Luban Pack Recent Developments
6.8 Jas Systems & Control
6.8.1 Jas Systems & Control Comapny Information
6.8.2 Jas Systems & Control Business Overview
6.8.3 Jas Systems & Control Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.8.4 Jas Systems & Control Shrink Packaging Material Product Portfolio
6.8.5 Jas Systems & Control Recent Developments
6.9 ISell Packaging
6.9.1 ISell Packaging Comapny Information
6.9.2 ISell Packaging Business Overview
6.9.3 ISell Packaging Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.9.4 ISell Packaging Shrink Packaging Material Product Portfolio
6.9.5 ISell Packaging Recent Developments
6.10 Impackt
6.10.1 Impackt Comapny Information
6.10.2 Impackt Business Overview
6.10.3 Impackt Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Impackt Shrink Packaging Material Product Portfolio
6.10.5 Impackt Recent Developments
6.11 HYF PACKAGING
6.11.1 HYF PACKAGING Comapny Information
6.11.2 HYF PACKAGING Business Overview
6.11.3 HYF PACKAGING Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.11.4 HYF PACKAGING Shrink Packaging Material Product Portfolio
6.11.5 HYF PACKAGING Recent Developments
6.12 Flexipack
6.12.1 Flexipack Comapny Information
6.12.2 Flexipack Business Overview
6.12.3 Flexipack Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.12.4 Flexipack Shrink Packaging Material Product Portfolio
6.12.5 Flexipack Recent Developments
6.13 BENISON
6.13.1 BENISON Comapny Information
6.13.2 BENISON Business Overview
6.13.3 BENISON Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.13.4 BENISON Shrink Packaging Material Product Portfolio
6.13.5 BENISON Recent Developments
6.14 Allen Pack
6.14.1 Allen Pack Comapny Information
6.14.2 Allen Pack Business Overview
6.14.3 Allen Pack Shrink Packaging Material Sales, Revenue and Gross Margin (2020-2025)
6.14.4 Allen Pack Shrink Packaging Material Product Portfolio
6.14.5 Allen Pack Recent Developments
7 North America by Country
7.1 North America Shrink Packaging Material Sales by Country
7.1.1 North America Shrink Packaging Material Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Shrink Packaging Material Sales by Country (2020-2025)
7.1.3 North America Shrink Packaging Material Sales Forecast by Country (2026-2031)
7.2 North America Shrink Packaging Material Market Size by Country
7.2.1 North America Shrink Packaging Material Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Shrink Packaging Material Market Size by Country (2020-2025)
7.2.3 North America Shrink Packaging Material Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Shrink Packaging Material Sales by Country
8.1.1 Europe Shrink Packaging Material Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Shrink Packaging Material Sales by Country (2020-2025)
8.1.3 Europe Shrink Packaging Material Sales Forecast by Country (2026-2031)
8.2 Europe Shrink Packaging Material Market Size by Country
8.2.1 Europe Shrink Packaging Material Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Shrink Packaging Material Market Size by Country (2020-2025)
8.2.3 Europe Shrink Packaging Material Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Shrink Packaging Material Sales by Country
9.1.1 Asia-Pacific Shrink Packaging Material Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Shrink Packaging Material Sales by Country (2020-2025)
9.1.3 Asia-Pacific Shrink Packaging Material Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Shrink Packaging Material Market Size by Country
9.2.1 Asia-Pacific Shrink Packaging Material Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Shrink Packaging Material Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Shrink Packaging Material Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Shrink Packaging Material Sales by Country
10.1.1 South America Shrink Packaging Material Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Shrink Packaging Material Sales by Country (2020-2025)
10.1.3 South America Shrink Packaging Material Sales Forecast by Country (2026-2031)
10.2 South America Shrink Packaging Material Market Size by Country
10.2.1 South America Shrink Packaging Material Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Shrink Packaging Material Market Size by Country (2020-2025)
10.2.3 South America Shrink Packaging Material Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Shrink Packaging Material Sales by Country
11.1.1 Middle East and Africa Shrink Packaging Material Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Shrink Packaging Material Sales by Country (2020-2025)
11.1.3 Middle East and Africa Shrink Packaging Material Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Shrink Packaging Material Market Size by Country
11.2.1 Middle East and Africa Shrink Packaging Material Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Shrink Packaging Material Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Shrink Packaging Material Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Shrink Packaging Material Value Chain Analysis
12.1.1 Shrink Packaging Material Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Shrink Packaging Material Production Mode & Process
12.2 Shrink Packaging Material Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Shrink Packaging Material Distributors
12.2.3 Shrink Packaging Material Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer
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